You are here: Home - Saving & Banking - News -

Link launches ‘request an ATM’ tool

0
Written by: Emma Lunn
31/10/2019
Communities with limited access to cash can apply for a new Link ATM to be installed in their area.

Less than a month since launching its Community Access to Cash Delivery Fund, Link has received more than 100 applications for new ATMs.

The requests have come from every corner of the UK including rural communities, deprived urban areas and small towns.

To meet this demand, Link has launched a new tool where people can apply directly for a new ATM in a particular location. Applications will be judged on the distance to the nearest free ATM, the availability of a Post Office, site security and whether there is a suitable host location. If an application meets the criteria, Link will fund the new ATM directly.

John Howells, Link CEO, said: “It’s great that we’ve had so much interest so far. Many of the applications show there are locations around the country where there is a cash access problem. We’ve already visited 10 of these locations and will be working hard to listen to every community that has got in touch.

“We want to hear from more communities that think they have an issue. Where there is a problem, Link will take action.”

Link will install 11 new ATMs in Deal, Ebbw Vale, Margate, Middleton, Wilmslow, York, Battle, Bungay, Nuneaton, Tywyn in Wales, and Durness in Scotland, as part of a pilot scheme. These ATMs will be funded with the support of Link’s bank and building society members.

In the past couple of weeks, three new ATMs, directly commissioned by Link have been installed in: Ardington, Oxfordshire; Elham, Kent; and Bracknell, Berkshire, after these locations lost their free-to-use ATM.

Jenny Ross, Which? money editor, said: “This is a positive step that may help to plug the gaps created by the alarming rate of bank branch and cashpoint closures across the UK – so Link must deal with requests swiftly and aim to provide free machines for all those left cut off from cash. But it’s clear this scheme alone won’t fix the country’s broken cash landscape.

“Appalling mismanagement by the industry and regulators has left the cash system on the brink of collapse and communities are being presented with a confusing array of schemes claiming to fix the problem. That’s why the government must intervene to protect cash for as long as it is needed.”

In August, Link announced its commitment to protecting free access to cash for every high street in the UK.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

The savings accounts paying the most interest

If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...

Coronavirus and your finances: what help can you get?

News and updates on everything to do with coronavirus and your personal finances.

Everything you need to know about being furloughed

If you’ve been ‘furloughed’ by your company, here’s what it means…

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

  • @YourMoneyUK All you need to know about the latest Current Account Switching winners and losers - hats off to Starl… https://t.co/fAyHhplpoP
  • RT @WeareJust_PR: Many people struggling to make ends meet may not realise they are entitled to financial help or find the system too confu…
  • RT @WeareJust_PR: Many people struggling to make ends meet may not realise they are entitled to financial help or find the system too confu…

Read previous post:
Gin subscription business launches Gin Bond

The Craft Gin Club is launching a Gin Bond which gives holders the chance to earn a return either in...

Close